FINANCIAL PERFORMANCE AGAINST STOCK PRICES IN TELECOMMUNICATION SUB SECTOR COMPANIES

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Published: Sep 26, 2020
Keywords:
Liquidity Profitability Solvency Market Ratio Activity Ratio

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Meilya Veronica Adeera Putri
STIE Widya Gama Lumajang
Ainun Jariah
STIE Widya Gama Lumajang
Ninik Lukiana
STIE Widya Gama Lumajang

Abstract

The stock price is an indicator of the success of company management, so there is a need for a decision which must be of good quality. So that can be used as a reference to see the business entity/company can make an assessment by looking at the side of financial performance. Therefore, p enelitian was done in order to test and analyze the financial performance terhada p stock prices as measured by the ratio l ikuiditas by proxy current r atio , the ratio p roftabilitas by proxy return on equity , the solvency ratio by proxy of debt to asset ratio , the market ratio with the proxy of earnings per share, the ratio of activity to the proxy for total asset turnover . The population of this study is the telecommunications sub-sector companies listed on the Indonesia Stock Exchange (BEI) for the 2014-2018 period. The sample in this study using purposive sampling technique . The sample in this study were 7 companies in the telecommunications sub-sector listed on the Indonesia Stock Exchange (BEI) for the 2014-2018 period. Data used is secondary data derived from the statement of financial position (balance sheet) and a comprehensive income statement via the website . The analysis technique uses multiple linear regression analysis. The results of this study indicate that there are only two independent variables that have a positive and significant effect on stock prices. There are independent variables, namely  the liquidity ratio and the activity ratio which have a positive and significant effect on the company's stock price. Meanwhile, the other independent variables, namely profitability ratio, solvency ratio and market ratio have no effect on stock prices.

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How to Cite
Veronica Adeera Putri, M., Jariah, A., & Lukiana, N. (2020). FINANCIAL PERFORMANCE AGAINST STOCK PRICES IN TELECOMMUNICATION SUB SECTOR COMPANIES. Progress Conference, 3(1), 206–212. Retrieved from http://proceedings.itbwigalumajang.ac.id/index.php/progress/article/view/310
Issue
Vol. 3 No. 1 (2020): The Global Financial Industry Strategy In The Revival of The Post-Corona Pandemic Economic
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